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To: Les H who wrote (45068)2/22/2025 9:58:12 AM
From: Les H  Read Replies (1) | Respond to of 48897
 
ECB reports another record annual loss, says it may suffer more losses

By Reuters
February 20, 2025

FRANKFURT, Feb 20 (Reuters) - The European Central Bank reported another record annual loss on Thursday and said further, though somewhat smaller, losses were still possible as it pays out billions of euros to banks.
The ECB, which raised interest rates at an unprecedented pace in 2022 and 2023, still has a bloated balance sheet from long-concluded stimulus schemes, and commercial banks now earn hefty interest on the trillions of euros it printed during the era of anaemic inflation.

Reuters



To: Les H who wrote (45068)2/23/2025 8:29:02 AM
From: Les H  Read Replies (1) | Respond to of 48897
 
is AI making jr. programmers dumber?

If you don't need to think about easy questions, will you be able to answer complex questions?

Fri 21 Feb 2025

The Register